February 6,
2018 by Larry Thomas in Economic News, Financial Reports, Industry 
Leggett & Platt (NYSE: LEG) said fourth-quarter sales rose 8.9% to $984.5 million, but profits tumbled 56% due largely to one-time charges related to recently-enacted changes in corporate tax rates.
February 6,
2018 by Larry Thomas in Business Strategy, Industry
Rent-to-own operator Rent-A-Center (NASDAQ: RCII) said it has entered into a “cooperation agreement” with activist shareholder Engaged Capital and will support the shareholder’s nominee for a seat on the board of directors at the 2018 annual meeting.
February 6,
2018 by Larry Thomas in Business Strategy, Industry
High-end casual furniture producer Castelle has launched a custom draping tool that allows consumers and dealers to customize pieces from its line in virtual and printed formats.
February 6,
2018 by Larry Thomas in Executive Changes, Industry
Retailer Williams-Sonoma (NYSE: WSM) said it has hired former Macy’s and Wal-Mart executive Yasir Anwar as chief technology officer.
February 5,
2018 by Larry Thomas in Business Strategy, Economic News, Industry
A robust December powered fourth-quarter furniture and bedding sales to a 6.3% gain over the final quarter of 2016, according to the proprietary market model from Impact Consulting, parent company of Home Furnishings Business.
February 5,
2018 by Larry Thomas in Business Strategy, Economic News, Industry
Direct-to-consumer mattress producer Purple has become a publicly-traded company following completion of its merger with Global Partner Acquisition Corp.
February 5,
2018 by Larry Thomas in Business Strategy, Industry, Las Vegas, Market
Organizers of the Las Vegas Market say the recently-concluded Winter Market was its busiest ever, setting a record for buyer attendance.